Be aware that light flashes cannot be seen during the day. In other words, your proposed fake light flash will do nothing to slow vehicles down during the day, and would make zero impact on driver behaviour.
If you really want to do something, you need to collect evidence of speeding, and give it to police for consideration for patrolling, or local council to construct chicanes or speed bumps.
For example, time stamped motion-activated CCTV connected to a vehicle speed video text overlay, might be sufficient evidence for police or local council to consider action.
Any other vigilante action like fake light flashes will be ineffectual (though I acknowledge that police and council themselves can also be useless!)